Leading NFT marketplace OpenSea has unveiled its latest feature, “Deals,” enabling users to exchange their non-fungible tokens (NFTs) with others.
This new functionality allows users to offer their NFTs to specific individuals and receive NFTs in return, with the option to include Wrapped Ether (WETH) as part of the offer.
To initiate a deal, users simply need the recipient’s wallet address, ENS name, or OpenSea username. However, it’s important to note that only ERC-721 NFTs from visible collections in a user’s profile are eligible for Deals and they can select up to 30 NFTs
According to OpenSea website, The NFTs on both sides of the deal must be on the same blockchain and from verified collections. If the user accepts the deal, they will cover any gas fees for the transfers. Notably, Deals swaps won’t have OpenSea fees or pay creator royalties at this time.
OpenSea’s “Deals” feature aims to enhance the NFT trading experience, providing a streamlined and convenient way for users to engage in NFT exchanges with others on the platform.
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